Checking and Savings Accounts to keep your business running strong.
Our business checking and savings accounts offer convenient and flexible solutions to meet the needs of all business owners from sole proprietors to large corporations. Keep it simple and straightforward or take advantage of our high-tech tools.
Explore our business account options to determine which account best fits your needs:
Business Checking features a basic business checking account with convenient features specially tailored for those with limited activity such as sole proprietorships or non-profit organizations.
Commercial Checking is ideal for businesses with moderate to high volumes of check deposits, change orders, and frequent balance fluctuations.
Begin opening your account online today!
Business Checking
Minimum to Open
$500
Minimum Balance
$1
Credits Available
Yes
Account Details
Commercial Checking
Minimum to Open
$500
Minimum Balance
$1
Credits Available
Yes
Account Details
Western Savings
Minimum to Open
$250
Minimum Balance
$100 (to earn interest)
Maximum Debits
6 (to avoid charges)
Tiered Interest
Yes
Account Details
Money Market Business Account
Minimum to Open
$1,000
Minimum Balance
$1,000 (to earn interest)
Maximum Debits
6 (to avoid charges)
Tiered Interest
Yes
Account Details
Additional Options
ATM & Debit Cards
ATM and debit cards are available for savings and checking accounts. Using Online Banking or the WSB Mobile App you can also disable your card if it's lost, stolen, or if fraud is suspected. Enroll in Online Banking or Business Online Banking today to access this feature. A small fee of $1.50 applies when using an ATM not owned or operated by Western State Bank.
Safe Deposit Boxes
We offer a wide variety of safe deposit boxes. For complete information on sizes and prices, please visit with the New Accounts team at your local banking center.
Certificates of Deposit
For those who prefer a traditional investment plan, Certificates of Deposit are available. We offer a variety of investment terms from 3 months to 4 years, and we won’t limit you to a specific term. We give you the freedom to set your own timeframe on the investment. Do you prefer a 5-month investment instead of 3? We can do that. Once the CD is opened the rate is set for the term. The minimum amount required to open a CD is $500. Early withdrawal may result in penalties. Contact us to inquire about CD rates today.
Business Online Banking
Through Online Banking you’ll have access to Cash Management solutions such as payroll origination and collecting accounts receivable, as well as Remote Deposit Capture which allows you to scan customers’ checks and make deposits electronically. Visit our Business Online Banking page for details.
Overview of Business Checking
Minimum to Open: $500
Minimum Balance: $1
Waived Monthly Maintenance Fee Option:
With Business Checking, we’ll waive your $9 monthly maintenance fee if you maintain a daily balance of $1,000 or more each day of your statement cycle.
Credits and Charges:
A 7 cent service charge applies per deposited item (checks and deposit slips), and a 15 cent service charge applies per debit. You’ll receive credit for every $100 average collected balance. The balance is credited toward select service charges. Credits and service charges are applied each statement cycle.
Business Checking Features
- Online & Mobile Banking
- Free Direct Deposit
- Unlimited free Online Bill Pay transactions each month
- Telephone banking
- Credit for every $100 average collected balance. Balance is credited toward select service charges.
Overview of Commercial Checking
Minimum to Open: $500
Minimum Balance: $1
Waived Monthly Maintenance Fee Option:
With Commercial Checking, we’ll waive your $9 monthly maintenance fee if you maintain a daily balance of $1,000 or more each day of your statement cycle.
Credits and Charges:
Commercial Checking charges include a 7 cent service charge per deposited item (checks and deposit slips), a 15 cent service charge per debit, and a monthly maintenance fee of $105. A $9 monthly maintenance fee applies on balances under $1,000. You’ll receive credit for every $100 average collected balance. The balance is credited toward select service charges. Credits and service charges are applied each statement cycle.
Commercial Checking Features
- Online & Mobile Banking
- Free Direct Deposit
- Unlimited free Online Bill Pay transactions each month
- Telephone banking
- Credit for every $100 average collected balance. Balance is credited toward select service charges.
Overview of Western Savings
Minimum to Open: $250
Minimum Balance: $100 (to earn interest and avoid maintenance fee)
Waived Monthly Maintenance Fee Option:
With Western Savings, we’ll waive your $3 monthly maintenance fee when you maintain a daily balance of over $100. Western State Bank applies service charges each statement cycle.
Western Savings Features:
- Online & Mobile Banking
- Unlimited deposits
- No charge for up to six debits per statement cycle*
- Telephone banking
- Interest earned on tiered average collected balances over $100
*A $3 service charge is applied for each debit in excess of six per statement cycle.
Overview of Money Market Accounts
Minimum to Open: $1,000
Minimum Balance: $1,000 (to earn interest and avoid service charge)
Waived Monthly Service Charge Option:
With our Money Market Accounts, we’ll waive your $9 monthly statement service charge when you maintain an average daily collected balance of at least $1,000. Western State Bank applies service charges each statement cycle.
Money Market Savings Features:
- Online & Mobile Banking
- Unlimited deposits
- No charge for up to six debits per statement cycle*
- Telephone banking
- Interest earned on tiered average collected balances over $1,000
*A $3 service charge is applied for each debit in excess of six per statement cycle.